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January 11, 2017 |
Market Flash Report

U.S. stock markets wrapped up 2016 on a strong note, as the post-election rally continued in anticipation of the new administration's proposed business-friendly policies. For the S&P 500, December's 2% advance (including dividends), capped off the index's 8th consecutive year of gains. On the international front, emerging stock markets notched their first positive year since 2012 on signs of improving fundamentals, but developed overseas markets (Europe in particular) continued to lag due to slow growth and structural concerns.